Alan W. Dyer
The idea of lending money to the poor via microfinance is a poverty reduction method that is used. It gives people the necessary tools to help themselves out of the vicious cycle of poverty. This paper discusses micro-credit as an alternative method for poverty reduction in rural Mexico, in particular Chiapas. Based on a historical, economical, and a cultural review of the region, it argues that microfinance is an attractive solution to alleviating poverty without sacrificing indigenous culture or loosing control of their local economies.
Poverty, Economic development
microcredit, rural economic development, microfinance
Vivanco, Nayeli, "Socio-economic impacts of micro-credit: the case of rural Mexico" (2006). Honors Junior/Senior Projects. Paper 19. http://hdl.handle.net/2047/d10001207
Click button above to open, or right-click to save.COinS